KATHMANDU: The government is preparing to amend 59 laws targeting the Infrastructure Summit to be held in the second week of November. The government has also discussed the draft of the ‘Bill to Amend Some Nepal Acts Related to Investment and Infrastructure’ with the representatives of the private sector.

The Office of the Prime Minister and Council of Ministers on Friday summoned the presidents of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Confederation of Nepalese Industries (CNI), Nepal Chamber of Commerce and Industry among others and the industrialists and businessmen for their suggestions.

The government has initiated the process of amending 59 different laws with the aim of creating an investment-friendly environment before the Infrastructure Summit. For this, the Office of the Prime Minister and Council of Ministers has prepared a draft bill to amend the related acts.

Also present on the occasion were Asim Shah, political advisor to Prime Minister Balendra Shah, and Sudip Dhakal, advisor on policy, administration and good governance, among others.

Representatives from the private sector put forth their suggestions and views on the draft of the bill.